(Bloomberg) -- Crude oil, which has fallen in the past six days, may find a bottom near $70 a barrel because of the weak dollar, according to an analysis of price charts by National Australia Bank Ltd. Prices have yet to decisively breach chart support and are likely to rebound, said Gordon Manning, a Sydney-based technical analyst at Australia’s third-largest bank.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=ahBXa4Ke_tnc
No comments:
Post a Comment